How much money should go into a flip?

[Carl Gorson]

Hi all. My name is Carl and I am a newbie. I am trying to get an idea of how much money people are putting into their properties. I have done my research and applied some of the tools from BP, but am still seeking advice.  I know this is a very general question but I am looking for specifics. The properties I would like for you to are small B class property in a B class neighborhoods. The homes are ranchers approx. 960-1200 sq ft. They have 3 bedrooms 1 bathroom. The kitchens and bathrooms need a full remodels. I understand how varied your responses could be. I would appreciate all of your feedback to these parameters specifically and generally and anything that could be close to it. Your experiences and opinions are definitely valued as I am trying to close in on my numbers. Thanks for your help with my education.